NLMK, the LSE-listed leading steel producer, today announces its consolidated US GAAP results for Q3 2013.

Q3 2013 KEY HIGHLIGHTS:

• Revenue: $2,720 million (-4% qoq)
• EBITDA: $379 million (-5% qoq), EBITDA margin 13.9% (14.1% in Q2 2013)
• Net income: $138 million
• Net debt: $2,772 million
• Sales: 3,724 million t (-1% qoq)
• Sales to Russian market: 1.6 million t (+13% qoq)
• Sales to external markets: 2.13 million t (-10% qoq)
• Sales of high value added products: 1.41 million t (+2% qoq)
• Steelmaking capacities utilization rate: 96%.

OUTLOOK

In Q4 we expect our steel production to grow by 5% qoq to 4.1 million t, with approximately 290,000 tonnes coming from NLMK Kaluga. 2013 steel output is expected to reach approximately 15.5 million tonnes, up from 14.9 million t.


CONFERENCE CALL DETAILS
NLMK is pleased to invite the investment community to a conference call with the management of NLMK:

Friday, November 8, 2013

08:00 (New York)

13:00 (London)

17:00 (Moscow)

To join the conference call, please, register on-line:

https://eventreg2.conferencing.com/webportal3/reg.html?Acc=515384&Conf=214044


or dial

International Call-in Number: +44 (0)20 7162 0125

US Call-in Number: +1 334 323 6203

Conference ID: 938148

*We recommend that participants register on-line to avoid waiting in a queue or to start dialing in 5-10 minutes prior to ensure a timely start to the conference call.

The conference call replay will be available through 15 November 2013:

International Replay Number: +44 (0) 20 7031 4064

US Replay Number: +1 954 334 0342

Replay Access Code: 938148

It is recommended that participants download presentation in advance on NLMK’s web-site www.nlmk.com